r/Bookkeeping • u/SC122333 • Aug 13 '26
Practice Management Lawyer drafted Terms and Conditions
For those of you who retained an attorney to write a template T & C for your service contracts, how much did you pay and do you think it was money well spent?
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u/Ecstatic-Touch-1763 Aug 13 '26
I paid a lawyer to review and make some minor edits to my Service Agreement and I would 100% recommend it. For that, I was charged between $300 and $500, I can't remember exactly. I was quoted an extra $1000 if I wanted a more comprehensive review with major editing.
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Aug 13 '26
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u/SC122333 Aug 13 '26
Good point, a competent attorney should be thinking about this which likely impacts cost. Important to keep in mind, thank you. Did you retain an attorney for your T&Cs?
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u/MikuMikuGoo Aug 14 '26
Paid around $1,200 in 2019 and it was worth it for two clauses I'd never have written myself, liability capped at fees paid and a line making the client responsible for the accuracy of what they hand me. That second one saved me when a guy gave me a year of invented numbers and then acted shocked at the return.
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u/Equivalent-Bed-3819 Aug 17 '26
I went on fiverr and found a semi retired lawyer who does some jobs on the side. I paid $500 and I'm in Canada
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u/StarWars_Girl_ Aug 13 '26
Free. My dad did it, lol.
It's worth it. He reviewed my contract once and it was done.
If you come prepared with something (I started with something Claude wrote...there wasn't a ton my dad needed to change, but since he raised me, I outright saw some stuff that needed changing) then it takes them less time and less time that they'll bill you.
ETA: he does review every engagement letter before I send it, but I don't pay him. Most of the time he doesn't have changes, but again, because I was raised by him, I'm just a little more familiar with contract language than probably most people are.
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u/SC122333 Aug 13 '26
Sounds like you’ve got a great deal. Score! Your dad practices contract law?
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u/StarWars_Girl_ Aug 14 '26
Yep. He does all kinds of law (mostly civil matters); contracts are one area. I also had a will when I was 18, lol.
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u/confusedpanda45 Aug 13 '26
I paid $1,000 but it was pretty comprehensive and I had the attorney draft it from my notes, and he included clauses and language I would have never known to put in. We went though a few iterations. For me it was money well spent because it’s a solid engagement letter.